Documents & Reports

Do markets underprice natural - resource commodities? (English)

Abstract

The author examines the efficiency and equity of a market allocation of exhaustible resources and assesses the behavior of scarcity measures, such as relative price and rental rates. She finds little evidence of scarcity or impending shortage. Indeed...  See More +

Details

  • Slade, Margaret E.;
  • 1992/08/31
  • Policy Research Working Paper;
  • WPS962
  • 1
  • 1
  • 2010/07/01
  • Do markets underprice natural - resource commodities?
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